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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: johnlag who wrote (6956)	2/15/2000 7:28:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

ALLIANCE SEMICONDUCTOR CORP /DE/ has filed a Form 10-Q (Quarterly Report) with the United States Securities and Exchange Commission. Click on the following hyperlink to view this filing: freeedgar.com

To: johnlag who wrote (6956)	2/17/2000 11:59:00 PM
From: DJBEINO	Respond to of 9582

Chartered Semiconductor Expects to Make Profit in 2000; Adds Equipment By Linus Chua Chartered Semi Expects to Make Profit in 2000, Adds Equipment Singapore, Feb. 18 (Bloomberg) -- Chartered Semiconductor Manufacturing Ltd., the world's No. 3 chip foundry, said it expects to be profitable in 2000 even as it adds more equipment to two existing plants and begins construction of its sixth factory. Profitability would come as it expects a 10 percent rise in average selling prices for silicon wafers, with a higher mix of wafers using new technology from its joint venture plants with Agilent Technologies Inc., a unit of Hewlett-Packard Co., and Lucent Technologies Inc., the world's largest phone equipment maker. ''We have heavier start-up costs but we also have a big sales base to cover that,'' said Barry Waite, chief executive of Chartered. Chartered's expected profit would mark a reverse from losses last year, reflecting a recovery in the semiconductor industry. In 1999, Chartered had a loss of $32.6 million. Analysts expect the worldwide semiconductor market to expand 25 percent a year in the next two years. The company also expects production to increase to 1.8 million wafers a year with the sixth plant, called Fab 7, by the end of 2002, or early 2003. Fab 7 will make about 60,000 wafers a month and will hire 1,000 workers. It will cost Chartered $2.1 billion to build the plant, making it the single largest investment in Singapore's electronics industry, and among the world's largest wafer fabrication plants. The semiconductor industry made up 2 percent of Singapore's gross domestic product in 1999, with a total output of S$14 billion. Chartered shipped 700,000 wafers in 1999 and expects to double its capacity by 2001. Wafers are cut into semiconductor chips used as memory and logic devices in personal computers, mobile phones and other devices. In 1999, the company's average selling price for wafers gained 4 percent to $999. Chartered shares rose 20 cents to S$16.40 in recent trading.